Jack Lew

Wang Yang, Chinese vice premier (left) and US Treasury Secretary Jack Lew listen to translation devices during the closing session of high-level Sino-US talks on Thursday. Photo: EPA

US Treasury Secretary says China to hand audit work to SEC

Chinese regulators will hand over some audit documents of US-listed Chinese companies to US securities regulators, US Treasury Secretary Jack Lew said on Thursday, a move that may thaw a dispute over multiple accounting scandals.